NPCIL Seeks Offers for Small Nuclear Reactors to Replace Coal Plants

03 Jan 2025 CW Team

The Nuclear Power Corporation of India Limited (NPCIL) has invited industry proposals to establish 220 MW Bharat Small Reactors (BSRs) for captive use, aiming to replace coal-fired thermal power plants in steel, aluminum, copper, and cement industries. The BSRs are 220 MW Pressurized Heavy Water Reactors (PHWR) known for their excellent safety record and performance, designed to be compact and suited for industrial use. NPCIL’s statement emphasised that BSRs offer a sustainable solution for decarbonising industries that are difficult to electrify. They will also help industries reduce carbon emission-related taxes, enhancing their competitiveness in global markets. The government plans to deploy 40-50 such reactors over the next decade in collaboration with the private sector. This initiative is part of the 220 MW BSR program announced in the 2024-25 Union Budget by Finance Minister Nirmala Sitharaman. BSRs are a type of Small Modular Reactors (SMRs), a new class of nuclear reactors that can be built in specialised factories and assembled on-site. (ET)

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..